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101 Morgan Ave S
Fayetteville, TN 37334

West College Mini Storage - Owner finance · Speciality Property For Sale · 90,000 SF

PROPERTY FACTS

Property Type Speciality
Property Subtype Self-Storage
Building Class B
Lot Size 1.00 AC
Building Size 90,000 SF
Number of Floors 3
Year Built/Renovated 1920/2005

About 101 Morgan Ave S , Fayetteville, TN 37334

Excellent investment opportunity 203 storage units. 2 of the units are climate control. Has a door you can drive your car or truck in to unload. Building is an old dress making plant that was converted to mini storage. Has a new roof in 2003. Property sits on 1 and 3/4 acre. 6 cameras onsite. Owner lives onsite in a 1-2 bedroom apartment beside the office. Building is 90,000 square foot. 1st 2 floors are built out and there is room for 100 more units on the 3rd floor. Owner has a plan to add those at some point. Currently 100% occupied and has a strong rental history. He has owned it 23 years. Grosses around 9,500 a month and electric, water, and gas average around $600 a month. Insurance runs about 5,500 a year. Property does have some absestos being that it is a very old building but owner has taken steps to fix/remedy that. Owner would possibly finance with a good down payment.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
079F-A-014.00
Land Assessment
£28,175
Improvements Assessment
£107,915
Total Assessment
£136,091
  • Listing ID: 11565113

  • Date on Market: 12/02/2018

  • Last Updated:

  • Address: 101 Morgan Ave S, Fayetteville, TN 37334

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